473
473
Nov 7, 2012
11/12
by
CNBC
tv
eye 473
favorite 0
quote 0
the first is california. we can tell you nbc news is projecting california to go to president obama. 55 electoral votes in california. this is obviously a huge one. no surprise that the president wins california. also, right now, we can tell you that hawaii is also going to obama. nbc news projecting the president to win hawaii as well, another four electoral votes. listen to the crowds, carl. >> yep. >> another winning -- another winner on a close call in idaho. idaho is going to governor romney. governor romney wins idaho with four electoral votes. nbc news projecting mitt romney the winner there. >> couple of big states out of the pacific northwest as we continue to hear the crowds at democracy plaza. the state of oregon, too early to call. although nbc news is saying that the president, barack obama, does lead in the state of oregon. and washington state. nbc news projects that barack obama will take the state of washington. there are some cheers in democracy plaza. we'll go back to there as the map fills
the first is california. we can tell you nbc news is projecting california to go to president obama. 55 electoral votes in california. this is obviously a huge one. no surprise that the president wins california. also, right now, we can tell you that hawaii is also going to obama. nbc news projecting the president to win hawaii as well, another four electoral votes. listen to the crowds, carl. >> yep. >> another winning -- another winner on a close call in idaho. idaho is going to...
183
183
Nov 6, 2012
11/12
by
CNBC
tv
eye 183
favorite 0
quote 0
one in texas city and the other in carson, california. historically, i haven't been a big fan of the refiner business. lately the dynamics of the industry have changed dramatically for the better. we've got an oil boom going on in this country and that's been great for the refiners because they make their money off the difference between the domestic west texas price that they pay for oil, sometimes even underneath that, and the higher global brent crude price they use to charge for refined products. that's the benchmark they price off of. right now the spread is higher than it's been in ages. great for refiners. which refiners have benefitted from bp's desperate need to raise cash? first there's marathon pete, marathon petroleum. symbol mpc. mom, peter, charlie. agreed to buy bp texas city for $2.5 billion back in october. this deal should have tremendous synergies because marathon pete already operates in this area. bp had spent $5 billion refurbishing this refinery just seven years ago. now marathon can buy it for half of that cost? wo
one in texas city and the other in carson, california. historically, i haven't been a big fan of the refiner business. lately the dynamics of the industry have changed dramatically for the better. we've got an oil boom going on in this country and that's been great for the refiners because they make their money off the difference between the domestic west texas price that they pay for oil, sometimes even underneath that, and the higher global brent crude price they use to charge for refined...
108
108
Nov 7, 2012
11/12
by
CNBC
tv
eye 108
favorite 0
quote 0
and perhaps reduces it a lot. >> what did we see in the california vote? americans are dying for higher taxes. >> it is the way america is headed. >> how does the affordable care act cut the deficit? i don't understand. >> it's very simple. there is absolutely no path to a sustainable budget deficit that doesn't reduce the growth of health care cost. no one who knows the fiscal accounts will disagree with that point. and the affordable care act is scored as doing just that. there are early signs. if it doesn't we have to go wac. >> believe that. >> you have got morning money to put together for tomorrow morning. what's your lead? does the inverse happen instead? >> no, i absolutely don't think that it happens instead. i think corporate america is well positioned to understand that this was going to happen. the one thing that we haven't talked about is the enthusiasm didn't materialize for a reason and that is because he was not a great candidate. mitt romney did not sell that to people. it did not work out. he was not the message bearer for that. >>> i jus
and perhaps reduces it a lot. >> what did we see in the california vote? americans are dying for higher taxes. >> it is the way america is headed. >> how does the affordable care act cut the deficit? i don't understand. >> it's very simple. there is absolutely no path to a sustainable budget deficit that doesn't reduce the growth of health care cost. no one who knows the fiscal accounts will disagree with that point. and the affordable care act is scored as doing just...
342
342
Nov 9, 2012
11/12
by
CNBC
tv
eye 342
favorite 0
quote 1
reagan welcomed -- as a former governor of california, he welcomed the various immigrant groups coming in. >> always. >> jimmy, you're going to have a test now with this fiscal cliff business. will the republican leadership stay true to their economic principles, namely limited government, lower spending, low tax rate reform, et cetera, et cetera? or are they going to sound like democrats? in other words, everybody wants a deal, jimmy, but a bad deal be a bad idea. >> we have an economy which is not particularly strong. the last thing it needs is a bunch of tax hikes. i was heartened that speaker boehner said he was against raising marginal tax rate. there's other ways you can get revenue, whether through growth, getting rid of crony capitalist tax deductions. i think that's a great place to draw a line in the sand. >> we can't cave on -- >> jennifer ruben, you're not so much the economist. how do we right now, how does the gop get off to a better start on attracting a more inclusive party? what ed rodgers called a big tent. i rather like that notion of a big tent. not all conservative
reagan welcomed -- as a former governor of california, he welcomed the various immigrant groups coming in. >> always. >> jimmy, you're going to have a test now with this fiscal cliff business. will the republican leadership stay true to their economic principles, namely limited government, lower spending, low tax rate reform, et cetera, et cetera? or are they going to sound like democrats? in other words, everybody wants a deal, jimmy, but a bad deal be a bad idea. >> we have...
228
228
Nov 1, 2012
11/12
by
CNBC
tv
eye 228
favorite 0
quote 0
california's been hijacked by academics environmentalists, all the refining cooperations in california have led to major declines for a lot of companies who said theyill doing very well. somebody said something about cap and trade, california must start to feel a little too much like europe. >> great, great, we are finding common ground. >> he had the ceo of eatono. preparing those transmission lines. >> the combination of cooper and eaton is really designed to make it so the transmission system worldwide is upgraded so that when you have 6 million to 8 million people without power, they can call him. >> tomorrow on "squawk box," one final employment report before the presidential election, one last read on job before america votes for its nec leader. we'll bring you the numbers and analysis from our annal of experts. it all starts tomorrow at 6:00 p.m. eastern. on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is on
california's been hijacked by academics environmentalists, all the refining cooperations in california have led to major declines for a lot of companies who said theyill doing very well. somebody said something about cap and trade, california must start to feel a little too much like europe. >> great, great, we are finding common ground. >> he had the ceo of eatono. preparing those transmission lines. >> the combination of cooper and eaton is really designed to make it so the...
242
242
Nov 5, 2012
11/12
by
CNBC
tv
eye 242
favorite 0
quote 0
let's go to bob in california. bob? >> caller: boo-yah, jim cramer! >> nice stuttering boo-yah, bob. >> caller: i'm from the home of the world series giants, 2012 giants. >> i'm jealous. >> caller: i have a question about intel. >> i was stunned -- stunned was not even the word. super stunned when apple -- when bloomberg reported that apple is going to drop intel for its mac chips. that's amazing. intel isn't going to get in the cell phone either. i say don't buy, don't buy. rick in georgia. rick. >> caller: jimbo. align technologies. >> the other day i said i missed that, it's probably not too late. it was too late. and i'm going to say don't buy, don't buy. steve in michigan. >> caller: boo-yah, mr. cramer. mgm, what do you think? >> no, man. i got enough trouble with nguyen. i don't need to go down the food chain. let's go to prakash in illinois. >> caller: boo-yah, mr. cramer! aui, your favorite company. >> it is. it's a great gold growth stock and it has done far better. remember, you got to be careful. the price of gold coming down a lot. i'm go
let's go to bob in california. bob? >> caller: boo-yah, jim cramer! >> nice stuttering boo-yah, bob. >> caller: i'm from the home of the world series giants, 2012 giants. >> i'm jealous. >> caller: i have a question about intel. >> i was stunned -- stunned was not even the word. super stunned when apple -- when bloomberg reported that apple is going to drop intel for its mac chips. that's amazing. intel isn't going to get in the cell phone either. i say don't...
189
189
Nov 14, 2012
11/12
by
CNBC
tv
eye 189
favorite 0
quote 0
. >> i'm at the strategic growth conference in palm springs, california. a gathering of a couple thousand ceos and business leaders talking about challenges with the global economy and one of the topics of conversation is likely to be news we are just now getting out of washington. the obama administration signaling that it is expanding the multi-year crackdown on bribes paid by u.s. companies to foreign officials under the foreign corrupt practices act and the administration out with new guidelines, 120 pages. the act that's been in place since the carter administration is too vague and putting u.s. companies at a competitive disadvantage. so now the department of justice and the securities exchange commission out with 120 pages of guidelines talking about what is a bribe, who is a foreign official. we've put all of these guidelines on our website. cnbc.com. you can read more about it. this is again something that business leaders have been clamoring for but they want changes in the law. we'll see if the guidelines are enough to ease their concerns. back
. >> i'm at the strategic growth conference in palm springs, california. a gathering of a couple thousand ceos and business leaders talking about challenges with the global economy and one of the topics of conversation is likely to be news we are just now getting out of washington. the obama administration signaling that it is expanding the multi-year crackdown on bribes paid by u.s. companies to foreign officials under the foreign corrupt practices act and the administration out with new...
212
212
Nov 1, 2012
11/12
by
CNBC
tv
eye 212
favorite 0
quote 0
the street right now. 15,000 trucks which have come from all over the country as far as canada and california. i think we ought to really compliment the utilities for the job they're doing. >> believe me, i'm not criticizing the men, the workers, the women. i'm not criticizing that. i'm not even criticizing you. i'm criticizing this crazy system. michelle and i talked about this last evening. get these bottlenecks, you get the national emergencies, and in comes the infrastructure problem and you ask yourself doctor. and today a lot of angry new yorkers are asking themselves why.doctor. and today a lot of angry new yorkers are asking themselves why. >> the second night in a row where you for example say we should compliment the utility industry. our issue isn't with the industry. it's with the politicians who don't allow prices to go to places that would improve infrastructure and when everything fails, they blame the utilities. so it becomes a pumping bag when in fact you're probably not necessarily the problem. >> it's not a small price tag. you're talking about between $500 billion to $600
the street right now. 15,000 trucks which have come from all over the country as far as canada and california. i think we ought to really compliment the utilities for the job they're doing. >> believe me, i'm not criticizing the men, the workers, the women. i'm not criticizing that. i'm not even criticizing you. i'm criticizing this crazy system. michelle and i talked about this last evening. get these bottlenecks, you get the national emergencies, and in comes the infrastructure problem...
264
264
Nov 7, 2012
11/12
by
CNBC
tv
eye 264
favorite 0
quote 0
as republicans, we look at the state of california. why do we have to leave 55 electoral votes up for grabs, or actually give up 55 electoral votes and not contest them at all. same thing with new york. that's a ton of electoral votes that wer n're not contesting ri now. what we needed to do as a party is concentrate on the economic and national security issues and move away from the social issues. >> penny, what we haven't done in this election is really square out what kind of america the population wants. in terms of -- at the moment, we're going for big government and small taxation and that doesn't work. how are we going to square it? >> exactly. and that's where the balance needs to be. and i agree with boris this is where the president really is going to have to step forward and really put down the agenda. what it looks like, and really be the person that starts to negotiate in a much more up front or much more out-front area as far as on the fiscal path. you know, the senate that was just elected is probably more diverse. you a
as republicans, we look at the state of california. why do we have to leave 55 electoral votes up for grabs, or actually give up 55 electoral votes and not contest them at all. same thing with new york. that's a ton of electoral votes that wer n're not contesting ri now. what we needed to do as a party is concentrate on the economic and national security issues and move away from the social issues. >> penny, what we haven't done in this election is really square out what kind of america...
147
147
Nov 6, 2012
11/12
by
CNBC
tv
eye 147
favorite 0
quote 0
unemployment relative to the rest of the country, new york, new jersey, come here to this side here, california, going up even as other parts of the west goes somewhat higher than the rest of the nation, those are considered solidly blue. look here the middle of the country from oklahoma all the way to north dakota. virginia, low unemployment rate, 3 to 5%, that puts it in play the next thing is the change in unemployment, again, not much change here, what are considered mostly democratic states. only here when you look at north carolina and florida, those states are considered to be in play and ohio as well, of course, when you have a positive change and potentially those are swing states. tyler? >> bottom line here, we are a little short on time, the unemployed are no more fundamentally likely to favor one candidate than another? >> that's exactly right. >> very close. >> thought would be a huge swing one way or the other. >> people blame obama or say well, romney might be a little tougher on -- >> whichever way this goes, tyler, i think there's going to be a lot of monday morning quarterback
unemployment relative to the rest of the country, new york, new jersey, come here to this side here, california, going up even as other parts of the west goes somewhat higher than the rest of the nation, those are considered solidly blue. look here the middle of the country from oklahoma all the way to north dakota. virginia, low unemployment rate, 3 to 5%, that puts it in play the next thing is the change in unemployment, again, not much change here, what are considered mostly democratic...
203
203
Nov 6, 2012
11/12
by
CNBC
tv
eye 203
favorite 0
quote 0
and at 11:00, the rest of the west coast states will finish out including california. alaska will round everything out at 1:00 a.m. you can see that handy little chart there. here's another chart that gives you a sense of the official nbc projections tonight. 270 electoral college votes are needed to win and, yes, it is not the popular vote that matters. it is the lector are ral college vote that matters. 237, this is what nbc is proceed correcting currently for bal. you can see on the map the states blue are those expected to give all of their votes to him. romney we're projecting 206 votes. in yellow, these are the key swing states. nbc sees eight of them for the time being and the most important one probably to watch is, yes, ohio. right here. not far from virginia which is probe the second most important. maybe colorado over here, the third. but in ohio, it really comes down to the interior of the country where many of these counties have gone boy way or the other. no republican presidential candidate has won without ohio, but it's not just tradition that matters,
and at 11:00, the rest of the west coast states will finish out including california. alaska will round everything out at 1:00 a.m. you can see that handy little chart there. here's another chart that gives you a sense of the official nbc projections tonight. 270 electoral college votes are needed to win and, yes, it is not the popular vote that matters. it is the lector are ral college vote that matters. 237, this is what nbc is proceed correcting currently for bal. you can see on the map the...
231
231
Nov 9, 2012
11/12
by
CNBC
tv
eye 231
favorite 0
quote 1
it will give us a footprint in minneapolis and northern california. we could not be more excited about this growth opportunity. and i think it's just a great example of how intentional and ambitious we are to grow our footprint. >> i think you're doing a terrific job. it's the best performer in the group. thank you so much to the ceo of afc enterprises, better known as popeye's but it is a great stock in a category where you might be looking for one. stay with cramer. >> coming up, you are ready to get charged up? cramer cranks up the voltage and goes electric on an all new hyperactive "lightning round." >>> and later, sour apple? it's the most valuable tech company in the world and its products have changed the course of consumer electronics. so why is this stock taking a dive? and is now the time to get in? cramer has answers. don't miss his take on apple coming right up on "mad money." >>> all right, cramerica, it all happens tomorrow. our annual veterans day show. invest in america salute to the troops. we have a great lineup. members of the milit
it will give us a footprint in minneapolis and northern california. we could not be more excited about this growth opportunity. and i think it's just a great example of how intentional and ambitious we are to grow our footprint. >> i think you're doing a terrific job. it's the best performer in the group. thank you so much to the ceo of afc enterprises, better known as popeye's but it is a great stock in a category where you might be looking for one. stay with cramer. >> coming up,...
210
210
Nov 19, 2012
11/12
by
CNBC
tv
eye 210
favorite 0
quote 0
california -- >> no, all jobs in california are material jobs. >> 10% of jobs in california are federal. >> holy smokes! >> that's a big number. that could also be military. >> no wonder. >> stay there, steve. good stuff. let's talk about the cliff-hanger's impact on corporate spending. it is the lead story in the wall street journal today with half of the nation's 40 biggest spenders already cutting back as if another recession was on the way here or here. >> cato institute says this should be expected, companies need to protect themselves. michael mandela couldn't disagree more. he says it's nonsense. companies are tightening the purse strings when they have so much cash. michael, any incentive right now? why do you think this is poppycock, the fiscal cliff is not leading to companies investing? >> let's look at it addition let's take a closer look at spending patterns. what's happening is that tech investment is still rising. in fact, tech investment hit an all-time record in the third quarter. it's nontech spending, nontech investment that's collapsing. that has a lot more to do wit
california -- >> no, all jobs in california are material jobs. >> 10% of jobs in california are federal. >> holy smokes! >> that's a big number. that could also be military. >> no wonder. >> stay there, steve. good stuff. let's talk about the cliff-hanger's impact on corporate spending. it is the lead story in the wall street journal today with half of the nation's 40 biggest spenders already cutting back as if another recession was on the way here or here....
218
218
Nov 5, 2012
11/12
by
CNBC
tv
eye 218
favorite 0
quote 0
for some parts of the market, here in southern california, the markets are even tighter than that. you add it up and it's pretty clear, things are going to start moving forward, or better said, they're going to continue to move forward from the gains we've seen over the course of the last six months or so. >> so, david, how would you -- how would you describe the market, then? has it become now the issue of getting a mortgage that seems to be one of the sticking points, or is it still a lot of supply on the market? because even though a lot of people feel we've seen the worse, we're just bumping along the bottom with housing. what is it going to take to get this needle moving? >> it's both. supply and mortgage products. we've had some of the most prestriktive products we've had in years. it's relative. it's really returning back to where it was as far as mortgage products were concerned. we're turning back to the products we used to have when we had a healthy economy but we don't have products that really fuel the excess growth. a lot of people feel we need that, given the inventor
for some parts of the market, here in southern california, the markets are even tighter than that. you add it up and it's pretty clear, things are going to start moving forward, or better said, they're going to continue to move forward from the gains we've seen over the course of the last six months or so. >> so, david, how would you -- how would you describe the market, then? has it become now the issue of getting a mortgage that seems to be one of the sticking points, or is it still a...
255
255
Nov 8, 2012
11/12
by
CNBC
tv
eye 255
favorite 0
quote 0
california, another package of tax increases on the wealthy. it's past the voters in california, and it's going to drive more business away from a state that desperately needs help. all that's up next. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> california voters are choosing to raise taxes on high-income taxpayers and increase the sales tax in order to fund education and state programs. so they say. last night voters passed proposition 30 with about a 54% majority. the question, is this tax hike going to destroy the california economy? let's bring in willie brown, former mayor of san francisco. mayor brown, thank you for
california, another package of tax increases on the wealthy. it's past the voters in california, and it's going to drive more business away from a state that desperately needs help. all that's up next. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at...
93
93
Nov 2, 2012
11/12
by
CNBC
tv
eye 93
favorite 0
quote 0
help on the way from the west coast, from california. dozens of power trucks loaded on to giant air force cargo planes to help with power restoration. those things amazingly flying across the country all the way from california. the situation remains desperate in many neighborhoods in the tri-state area. these are pictures from this morning on staten island. there is virtually no power on the island. destruction is widespread. the secretary of homeland security janet napolitano will visit today. staten island is where the new york marathon will start on sunday. more subway service returning to manhattan, but not below 42nd street where power is still out in wide parts of the city south of that parallel. city officials say they may have to evacuate the marine life from the massive new york city aquarium based in brooklyn. the death toll from the storm nearing the 100 mark. despite the damage in atlantic city, that town's famous casinos are open again and they are conflicting reports about when power will be restored in manhattan. hundreds
help on the way from the west coast, from california. dozens of power trucks loaded on to giant air force cargo planes to help with power restoration. those things amazingly flying across the country all the way from california. the situation remains desperate in many neighborhoods in the tri-state area. these are pictures from this morning on staten island. there is virtually no power on the island. destruction is widespread. the secretary of homeland security janet napolitano will visit...
169
169
Nov 8, 2012
11/12
by
CNBC
tv
eye 169
favorite 0
quote 0
let's go to lee in california. lee. >> caller: mr. cramer, with the election over, we definitely have to invest in our infrastructure. how will chicago bridge and iron cbi benefit from this, and is it a good player or should by look elsewhere? >> i had my world rocked by the floor quarter, flr. it was so hideous and horrible, i've got to stay away from the business. foster wheeler could be hurt because the clean thing is not going to get the money. i say stay away from infrastructure. >> caller: cramer, i have a question about magnum hunter resources. i purchased about 15,000 shares at 30 cents a share. that's where it's lowest was. my question is, should i hang on to it, buy more, or sell it? >> i'm not a tax accountant, i can't tell you what to do in terms of personal. but i will tell you if i had a stock that bought at 30 cents and went to $3, that's what i call a no brainer. you got hit hard today. what works now? mlps, package consumer goods? how about some johnny walker black. don't move. lightning round is coming up next. ♪ [
let's go to lee in california. lee. >> caller: mr. cramer, with the election over, we definitely have to invest in our infrastructure. how will chicago bridge and iron cbi benefit from this, and is it a good player or should by look elsewhere? >> i had my world rocked by the floor quarter, flr. it was so hideous and horrible, i've got to stay away from the business. foster wheeler could be hurt because the clean thing is not going to get the money. i say stay away from...
47
47
Nov 15, 2012
11/12
by
CNBC
tv
eye 47
favorite 0
quote 0
how do you solve a problem like california? we talk about it next when we come back. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. you walk into a conventional mattress store, it's really not about you. we have so much technology in our store to really show the customers what's going on with their bodies. you can see a little more pressure in the shoulders and in the hips. ... now you can feel what happens as we raise your sleep number setting and allow the bed to contour to your individual shape. oh, wow. that feels really good. at sleep number we've created a collection of innovations dedicated to individualizing your comfort. the sleep number collection, designed around
how do you solve a problem like california? we talk about it next when we come back. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200...
332
332
Nov 6, 2012
11/12
by
CNBC
tv
eye 332
favorite 0
quote 0
i see so many small businesses, i was out in california yesterday, i must have met in four days with eight of our companies, and i asked every one of them, what impact does this have? what difference is it going to make whether romney wins or obama? i honestly believe it's almost a neutral element in terms of the young companies. when they are growing and they are excited and their product is being taken up, and most of them that i'm dealing with are internet or wireless based, it's an environment you don't stop hiring. in fact they have big open to buys. >> so what does affect those companies? what are they looking at beyond their own home base? >> i think the general environment will have an impact. i think that the tone of the top will have an impact. i think my personal feeling, the biggest impact for the kind of companies i'm in are what happens for advertising expenditures. i think advertising and advertising -- >> you talked about immigration policy as well. >> sorry, thank you, thank you. immigration policy is getting the kind of people, everyone is frustrated with the idea o
i see so many small businesses, i was out in california yesterday, i must have met in four days with eight of our companies, and i asked every one of them, what impact does this have? what difference is it going to make whether romney wins or obama? i honestly believe it's almost a neutral element in terms of the young companies. when they are growing and they are excited and their product is being taken up, and most of them that i'm dealing with are internet or wireless based, it's an...
232
232
Nov 2, 2012
11/12
by
CNBC
tv
eye 232
favorite 0
quote 0
john fort is outside an apple store in california with a surprising story. john. >> reporter: marimaria, it's sta wait, though. that line in new york got longer at the fifth avenue store. more than 800 people when the doors opened. hard to gauge exactly what that means, though. a number of other new york stores were closed, of course, in the south of manhattan because of hurricane sandy cleanup. now, here in palo alto, still plenty of back ipad minis in stock. i took a look at the number of reservation cards. looks like there are well over 50 cards. they say they have 16, 32, and 43 gigabyte models in stock. it just got really crowded. lots of people coming in and getting minis. gene muenster of piper jaffray estimates over 1 million. maybe they'll put out a number next week. i haven't heard any word on that either way. >> all right, john. thanks so much. the ipad may be getting smaller, but the tablet space is becoming a big battleground. hewlett-packard no doubt one of the key players in the space. todd bradley joins me now to talk about that. thank you fo
john fort is outside an apple store in california with a surprising story. john. >> reporter: marimaria, it's sta wait, though. that line in new york got longer at the fifth avenue store. more than 800 people when the doors opened. hard to gauge exactly what that means, though. a number of other new york stores were closed, of course, in the south of manhattan because of hurricane sandy cleanup. now, here in palo alto, still plenty of back ipad minis in stock. i took a look at the number...
136
136
Nov 21, 2012
11/12
by
CNBC
tv
eye 136
favorite 0
quote 1
certainly here in california we've had job growth. so i think in our world in southern california we're going to be in pretty good shape. but uncertainty is never good. i don't think there should be an option. >> mr. caruso, yesterday craig barrett, former ceo of intel, described california where you live and do a lot of business as america's version of greece because of the level of public expenditure and so forth. do you see it that way? >> no, i don't see it that way. listen, california has its issues. locally we have our issues. there are income issues, there are increased taxes that i wouldn't necessarily want to have happen in the state, which did happen. but we have to address those. i think we've got positive momentum. i know we have positive momentum. so are we perfect? no. but california is growing at a much faster pace and a better pace than most of the united states. so i don't equate it to greece at all. >> mr. caruso, thank you for being with us and a happy thanksgiving to you. >> thanks you. >>> he's a billionaire, righ
certainly here in california we've had job growth. so i think in our world in southern california we're going to be in pretty good shape. but uncertainty is never good. i don't think there should be an option. >> mr. caruso, yesterday craig barrett, former ceo of intel, described california where you live and do a lot of business as america's version of greece because of the level of public expenditure and so forth. do you see it that way? >> no, i don't see it that way. listen,...
274
274
Nov 6, 2012
11/12
by
CNBC
tv
eye 274
favorite 0
quote 0
. >> in california alone a handful of donors have spenlt more than $350 million on stat ballot initiative. much of the money comes from a single family, the monger's. daughter molly monger has spend more than $40 million. her more conservative brother has spent $36 million on a measure to make it harder for unions to raise political money. the hedgefund chief spent more than $25 million to close a tax loop hole for out of state companies. many say they are just using their money for broader public good. at least one ballot backer has his own fortunes in mind. he spent more than $30 million to oppose a new bridge. turns out he has his own toll bridge that collects tens of millions of dollars a year. we will see whether all of this ballot money was a waste or not. we will know tonight or tomorrow morning. >> these numbers are mind boggling. thank you so much. for investors how are they positioning themselves for an obama or romney victory? we will break it down now. guys, thanks for joining us. jeff, what will you do tomorrow if mitt romney wins? >> like many of us i'm watching the election
. >> in california alone a handful of donors have spenlt more than $350 million on stat ballot initiative. much of the money comes from a single family, the monger's. daughter molly monger has spend more than $40 million. her more conservative brother has spent $36 million on a measure to make it harder for unions to raise political money. the hedgefund chief spent more than $25 million to close a tax loop hole for out of state companies. many say they are just using their money for...
74
74
Nov 14, 2012
11/12
by
CNBC
tv
eye 74
favorite 0
quote 0
. >> one very important person in california reportedly once said we want to be the most predictable boring growth company. analysts did not predict growth last summer. the company has had double digit profit growth for four quarters in a row. is boring back? >> is boring back? >> i think you buy cisco more than sell juniper. now you have somewhat of a floor in the stock around the $17 level. john chambers has executed in a very tough environment. >> next a it is hip to be square. the payment company announced on twitter it has hit $10 billion in processed payments before starbucks starts using square. starbucks will add 6 billion more a year so you can use square to buy your tea vana tea. >> we can't trade square because it is not public. to us veri phone. we have been short. pay anywhere. tons of them. >> celebrity trades. >> first go long channing tatum. i have been accumulating tatum calls for a long time. it is one of my best investments. take profits on the beebe. justin bieber pulled over by police driving a ferrari. he broke up with his girlfriend so expect volatility in the
. >> one very important person in california reportedly once said we want to be the most predictable boring growth company. analysts did not predict growth last summer. the company has had double digit profit growth for four quarters in a row. is boring back? >> is boring back? >> i think you buy cisco more than sell juniper. now you have somewhat of a floor in the stock around the $17 level. john chambers has executed in a very tough environment. >> next a it is hip to...
213
213
Nov 20, 2012
11/12
by
CNBC
tv
eye 213
favorite 0
quote 0
california state teachers employees. all these pension funds. >> shame on them for hanging on this long. >> this just happens. >> i understand. the stock is at a ten-year low right now. bob, thank you. good sport. appreciate your thoughts on this today. herb, see you later. i don't know. >> i got all fired up there, bill. >> why are we rushing to blame somebody? we have to figure out what happened. >> okay. 20 minutes before the closing bell sounds. we have a market down, but off of the lows. down 25 points on the industrial average. >> still more on the hewlett-packard debacle to come. can the company be saved? that's another question to be asked. is a breakup better for shareholde shareholders? >> first, find out why our next guest says you should be buying into this market regardless of whether we get a deal on the fiscal cliff. that bullish call next up. stay with us. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testo
california state teachers employees. all these pension funds. >> shame on them for hanging on this long. >> this just happens. >> i understand. the stock is at a ten-year low right now. bob, thank you. good sport. appreciate your thoughts on this today. herb, see you later. i don't know. >> i got all fired up there, bill. >> why are we rushing to blame somebody? we have to figure out what happened. >> okay. 20 minutes before the closing bell sounds. we have a...
163
163
Nov 27, 2012
11/12
by
CNBC
tv
eye 163
favorite 0
quote 0
fernando in california. fernando? >> caller: [ inaudible ]. >> okie doke. >> caller: coming into the fourth quarter for holiday season with all the names it picked up. >> all right. sears on its own, if it didn't have eddie lamperts backing, sears is a company, i consider it a wasting asset. i say that because its sales keep going down. i mean, there's no way -- it's very difficult to turn around a sales decline. as long as they go down, i can't recommend it. i mean, because it's not -- you can't recommend retails in asset play anymore. there's too much real estate as it is. >>> all right. dot-com, dot-christmas, dot-hanukkah. the way to play cyber monday. the growing shift online. don't outtthink this, people, it's fdx. don't move. "lightning round" is next. >>> it's a brutal full-contact sport. >> from the time the whistle blows. >> traders bracing for what could be a wild session. >> to the last play of the game. >> markets absolutely getting hammered today. >> i know it's not easy, but i promise to keep fighting f
fernando in california. fernando? >> caller: [ inaudible ]. >> okie doke. >> caller: coming into the fourth quarter for holiday season with all the names it picked up. >> all right. sears on its own, if it didn't have eddie lamperts backing, sears is a company, i consider it a wasting asset. i say that because its sales keep going down. i mean, there's no way -- it's very difficult to turn around a sales decline. as long as they go down, i can't recommend it. i mean,...
805
805
Nov 6, 2012
11/12
by
CNBC
tv
eye 805
favorite 0
quote 0
state is finally attracting new business like spreadshirt out of boston. 20% of its business was in california. it has moved in next store. >> there was plepty of open space for us to choose from and a great labor pool. we have great employees that are anxious to work for us. we are grows at 100% and we hope to have 200 people here by next year. >> while they have been the most supporting of mitt romney, the gaming ca zone knseatbelt seen tend to support harry reid. guys, they are trying to rest control of the state here from the democrats to the gop. >> jane, they had vegas lines on some of these things. i think the early line called it for president obama i read that this morning? >> it is. but in terms of betting, it is illegal to bet on an election. that hasn't stopped these irish guys over seas for the online betting. one of them online has said that obama has won and started to pay. >> they said they have done crazy stuff for publicitpublici. and they can't get the $750 back if romney were to win. >> you could do intrade but that is like $6 a share. >> go put it on the table. >> and i th
state is finally attracting new business like spreadshirt out of boston. 20% of its business was in california. it has moved in next store. >> there was plepty of open space for us to choose from and a great labor pool. we have great employees that are anxious to work for us. we are grows at 100% and we hope to have 200 people here by next year. >> while they have been the most supporting of mitt romney, the gaming ca zone knseatbelt seen tend to support harry reid. guys, they are...
186
186
Nov 26, 2012
11/12
by
CNBC
tv
eye 186
favorite 0
quote 0
i need chad in california. chad? >> caller: boo-yah, this is chad call from sunny california. how are you? >> how are you? >> caller: great. how about ng? >> no, no, no, man. i ixnaned that one. this one has no game. nj stan ng stands for no game. it's got no game. let's go to mike. >> caller: big boo-yah from denver. >> broncos look good. >> caller: i really enjoy your show. i can tell you're a man who loves his job. >> i sure do. >> caller: i want to say hi to patty and randy in denver. my question is about nvidia. >> tell patty and ran tdy that stock is doing absolutely nothing. i don't have a catalyst. it's a very expensive stock. john in pennsylvania. john? >> caller: hello, jim, a great big boo-yah from quakertown, pennsylvania. >> quakertown, the only place i ever had a fistfight in in a track meet. can you imagine? >> caller: that's great. >> the quakers, yeah. yeah. quakers give you a pounding. what's up? >> caller: listen, suburban propane. nice dividend yield. a hold cough. t off. >> the propane business is so competitive. >> sell, sell, sell, sell, sell. >> right n
i need chad in california. chad? >> caller: boo-yah, this is chad call from sunny california. how are you? >> how are you? >> caller: great. how about ng? >> no, no, no, man. i ixnaned that one. this one has no game. nj stan ng stands for no game. it's got no game. let's go to mike. >> caller: big boo-yah from denver. >> broncos look good. >> caller: i really enjoy your show. i can tell you're a man who loves his job. >> i sure do. >>...
67
67
Nov 7, 2012
11/12
by
CNBC
tv
eye 67
favorite 0
quote 0
close facilities in california and consolidate several business units in order to cut costs. >> allrightee. thank you so much, bertha. >>> final trades next all on the halftime report. in america today we're running out of a vital resource we need to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ at devry.edu/knowhow. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million america
close facilities in california and consolidate several business units in order to cut costs. >> allrightee. thank you so much, bertha. >>> final trades next all on the halftime report. in america today we're running out of a vital resource we need to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up...
49
49
Nov 5, 2012
11/12
by
CNBC
tv
eye 49
favorite 0
quote 0
even in california, which had record high gas prices just back in october. now they're looking at more than a 60-cent drop in the price of gasoline. that's certainly helping the overall national average. then of course, we're looking at demand destruction after hurricane san day. that's impacting as well. across the country, whether it is oklahoma or south carolina, missouri, all seeing very sharply lower prices. that's definitely translated into what we're seeing for the national average. we're also seeing futures prices down sharply just in the past month. important to keep your eye on all the different factors that go into the energy price. brent crude is up actually $2 today. middle east tensions out there. that could certainly change the price reaction. back to you. >> sharon, thank you very much. >>> looks like toy is a is back. profit rose nearly 600% from last year. sales jumped by 572,000 cars. just right here in the united states of america. phil lebeau joins us now. phil, were the numbers as good as they seemed on paper? >> absolutely. really the
even in california, which had record high gas prices just back in october. now they're looking at more than a 60-cent drop in the price of gasoline. that's certainly helping the overall national average. then of course, we're looking at demand destruction after hurricane san day. that's impacting as well. across the country, whether it is oklahoma or south carolina, missouri, all seeing very sharply lower prices. that's definitely translated into what we're seeing for the national average....
195
195
Nov 22, 2012
11/12
by
CNBC
tv
eye 195
favorite 0
quote 0
and by the way, did you see what california has done? do you know what after tax rate of return on assets held in california is happened? it just plummeted. that's a very large share of the u.s. economy. we're noncompetitive in the world and we will have a real serious recession in 2013 unless something is really done quickly. >> jared, i just want to ask you a question. >> sure. >> you hinted -- this is really important. where we are going tonight is more politics than economics. >> okay. >> you kind of hinted that we might cross through the year, that we might fall off the cliff. if only for a short period of time. now as someone who worked in there years ago as arthur did, short period of time, you will take the better part of the winterer to make a deal. so we are going to go into recession. the question is, do you think the president can take that and do you think he can really blame republicans? is it that easy, or is all hell going to break loose in the country? >> i think it will be absolutely terrible if we go over and stay over
and by the way, did you see what california has done? do you know what after tax rate of return on assets held in california is happened? it just plummeted. that's a very large share of the u.s. economy. we're noncompetitive in the world and we will have a real serious recession in 2013 unless something is really done quickly. >> jared, i just want to ask you a question. >> sure. >> you hinted -- this is really important. where we are going tonight is more politics than...
120
120
Nov 19, 2012
11/12
by
CNBC
tv
eye 120
favorite 0
quote 0
for example in california, very high unemployment. they could get hit for example with more federal job cuts in addition to their high unemployment rates. >> great analysis, steve. thanks for that deep down dive into the data. >>> america's ceos are calling for action on the fiscal cliff. precisely what you saw from steve. among them leaders of boeing, weyerhaeuser. joining us on the phone, representative adam smith, a democrat from the ninth district of washington. representative smith, thanks for joining us. i can't think of a better name for a guest on cnbc. >> people are always disappointed that i don't know a lot more about economics than i actually do. but at least it is good to have the name. >> you know what the invisible hand is, at a minimum. >> only too well. >> first of all, before we get into the details of the fiscal cliff, what would you say to americans who don't understand why congress is gone on vacation this week when there's such a huge bit of work -- or piece of work that needs to get done this week when it comes
for example in california, very high unemployment. they could get hit for example with more federal job cuts in addition to their high unemployment rates. >> great analysis, steve. thanks for that deep down dive into the data. >>> america's ceos are calling for action on the fiscal cliff. precisely what you saw from steve. among them leaders of boeing, weyerhaeuser. joining us on the phone, representative adam smith, a democrat from the ninth district of washington....
89
89
Nov 16, 2012
11/12
by
CNBC
tv
eye 89
favorite 0
quote 0
thank you very much for your time, adam schiff representing california. thank you. >>> great questions there, by the way. former cia director david petraeus was answering questions on capitol hill today but not about the scandal that led to him resigning. in a private hearing, he told lawmakers that he believed all along that the attack on the u.s. consulate in benghazi, libya was a terrorist strike despite how the white house initially portrayed it. of the scandal that led him to resign, petraeus expressed his regret about the circumstances of his departure but said nothing more. simon? >>> two major breaking stories right now impacting the oil market. there's been an explosion on an oil rig in the gulf of mexico off the coast of venice, louisiana. a company called black elk energy operates that rig. reports are that a worker may have cut a line with a settling torch. four people have been rushed to the hospital, two are reportedly still missing. so far we have no reports of oil actually leaking into the gulf. >>> meanwhile, also breaking right now, the
thank you very much for your time, adam schiff representing california. thank you. >>> great questions there, by the way. former cia director david petraeus was answering questions on capitol hill today but not about the scandal that led to him resigning. in a private hearing, he told lawmakers that he believed all along that the attack on the u.s. consulate in benghazi, libya was a terrorist strike despite how the white house initially portrayed it. of the scandal that led him to...
234
234
Nov 6, 2012
11/12
by
CNBC
tv
eye 234
favorite 0
quote 0
california is dark. these are safe democratic states. where is unemployment low? from north dakota down to oklahoma none of that is going for obama. only one place perhaps. virginia is a potential swing state and also wisconsin. maybe that low rate is a precondition for obama to potentially win it. let's look at the change. again, very similar. darker is less change. less improving unemployment. new york, not a good state for change of unemployment over the last year but probably safely in the obama camp. the one place you might want to look here, nevada, florida, north carolina and virginia. those are all potentially in play because they had some improvement in the unemployment rate and if that had not been there, they might have been for romney. i would like to give you a definitive answer. you have the level of unemployment and you have the change. that's what makes this a horse race, simon. >> it's fascinating to see that the way you slice and dice going into the election whether it's turnout or amazing. steve, thank you very much. as the race for the presiden
california is dark. these are safe democratic states. where is unemployment low? from north dakota down to oklahoma none of that is going for obama. only one place perhaps. virginia is a potential swing state and also wisconsin. maybe that low rate is a precondition for obama to potentially win it. let's look at the change. again, very similar. darker is less change. less improving unemployment. new york, not a good state for change of unemployment over the last year but probably safely in the...
287
287
Nov 28, 2012
11/12
by
CNBC
tv
eye 287
favorite 0
quote 0
northern california and oregon are all going to see very, very heavy rainfall, not just today but all the way through the weekend. flood watches are out. sacramento, stockton up toward reading and stretching all the way up into oregon. we could see up to 20 inches of rainfall here, a big broad area of at least a half a foot. back to you. >> that is a waste. that should be over colorado and it should be -- >> exactly. >> so we had snow yesterday. last year we had snow early, it was like halloween and then we never got anymore. did the snow we had yesterday seem more typical? any idea about whether that portends that we have some snow this year on the east coast? >> last year it was like we used it all up early. we said okay, here we go, it's going to be a huge winter and nothing. we're looking at the long range forecast right now, it's all warm for most of the country. there are no big snowstorms at least for two or three weeks. >> but we don't know overall. >> beyond that, it gets fuzzier. >> you can't do like bill murray and blow all that stuff over to colorado. 20 inches of rain. th
northern california and oregon are all going to see very, very heavy rainfall, not just today but all the way through the weekend. flood watches are out. sacramento, stockton up toward reading and stretching all the way up into oregon. we could see up to 20 inches of rainfall here, a big broad area of at least a half a foot. back to you. >> that is a waste. that should be over colorado and it should be -- >> exactly. >> so we had snow yesterday. last year we had snow early, it...
317
317
Nov 21, 2012
11/12
by
CNBC
tv
eye 317
favorite 0
quote 0
all's i know, california, illinois are in trouble. energy makeses the economy go around. it makes little sense to me. carl, back to you. >> europe will have the close there and a look at the afternoon may go. back in a minute. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ together for your future. get 36 months interest-free financing through thanksgiving weekend at sleep train, and save $400, $500, up to $600 on beautyrest and posturepedic. even get 3 year
all's i know, california, illinois are in trouble. energy makeses the economy go around. it makes little sense to me. carl, back to you. >> europe will have the close there and a look at the afternoon may go. back in a minute. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the...
207
207
Nov 19, 2012
11/12
by
CNBC
tv
eye 207
favorite 0
quote 0
places like louisiana, arizona, wyoming, montana, california, places where some of them high unemployment rates, you're talking about reducing federal spending in places with high unemployment rates and this handy bar charts shows the split between defense spending in blue and nondefense in green. maryland, virginia, the washington, d.c., area, the highest federal pending, hawaii a lot of defend spending, same with alaska. more non-defense in new mexico down to georgia, 6.9% so these are the ways it's going to affect by state. we can even drill down further and look county by county, and what you see here for example if you drilled down here in louisiana there's one county in here where there's a federal penitentia penitentiary, because these are federal jobs as a percent of the total. you can see places along the texas coast, the bottom line on all of this is that we talk about reducing the ifisical cliff and solving the problem on a national level, but there are individual states that are going to be hit harder and there are blue states and states that come in so it's not easily democra
places like louisiana, arizona, wyoming, montana, california, places where some of them high unemployment rates, you're talking about reducing federal spending in places with high unemployment rates and this handy bar charts shows the split between defense spending in blue and nondefense in green. maryland, virginia, the washington, d.c., area, the highest federal pending, hawaii a lot of defend spending, same with alaska. more non-defense in new mexico down to georgia, 6.9% so these are the...
121
121
Nov 5, 2012
11/12
by
CNBC
tv
eye 121
favorite 0
quote 0
for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> just saw opening bell for monday, november 5th here at the big board. a military veteran forum for human resources being held. the food bank for new york city so obviously two groups very involved with hel
for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. he loves risk. but whether he's climbing...
340
340
Nov 5, 2012
11/12
by
CNBC
tv
eye 340
favorite 0
quote 1
you're in california. is there any businesses left at all in that state? >> there are quite a few. go to silicon valley, los angeles, san francisco. this is still the engine of innovation for the u.s. economy. >> they're making it tough on you. >> we could be doing better, that's true. >> so neel, when you say that this does lift some immediate uncertainty but you're not sure what it means beyond that, what do you think the market does between now and the end of the year, let's say? maybe not this week but between now and the end of the year under a reelected president obama or under a newly elected mitt romney? >> well, i think under reelected president obama, i would expect to see volatility increase especially as it relates around the fiscal cliff. we need to see them come together, divided government needs to work together. they have not worked together very well over the past couple years so the markets will take a wait and see approach and there's a good chance there will be fighting and brinkmanship until the last second for the fiscal cliff. republican sweep it's more likel
you're in california. is there any businesses left at all in that state? >> there are quite a few. go to silicon valley, los angeles, san francisco. this is still the engine of innovation for the u.s. economy. >> they're making it tough on you. >> we could be doing better, that's true. >> so neel, when you say that this does lift some immediate uncertainty but you're not sure what it means beyond that, what do you think the market does between now and the end of the...
277
277
Nov 16, 2012
11/12
by
CNBC
tv
eye 277
favorite 0
quote 0
. >> he's joining us very early this morning from the company's hometown of san francisco, california. david, thank you for joining us. i want to talk about the earnings in just a little bit, but first a lot of people look at this, you've been growing so quickly, why are you starting to tap the brakes a bit in terms of taking delivery of aircraft as well as expand manage to new markets? >> i think a couple of things here. first of all, we felt the need to get to critical mass which we believe we've done. we have 50 aircraft now. and so we feel comfortable slowing down the growth. but i would say the key thing we've seen in the two years since we in addition will made the order is the increase in fuel prices and basically what is a slowly growing economy. and when you do the math, it doesn't make sense to go in and continue the rapid expansion. >> part of this tapping the brakes, if you will, is slowing down the rate and pace of taking new aircraft from airbus. some people say wait a second, those will be more fuel efficient, why wouldn't you want those sooner rather than later because
. >> he's joining us very early this morning from the company's hometown of san francisco, california. david, thank you for joining us. i want to talk about the earnings in just a little bit, but first a lot of people look at this, you've been growing so quickly, why are you starting to tap the brakes a bit in terms of taking delivery of aircraft as well as expand manage to new markets? >> i think a couple of things here. first of all, we felt the need to get to critical mass which...
358
358
Nov 15, 2012
11/12
by
CNBC
tv
eye 358
favorite 0
quote 0
is down nearly 19% so far this year, so we can crack that up to be decent news and upbeat news from california, it will have a $1.9 billion budget gap during its next fiscal year, that's far smaller, here is the good part, far smaller than it's seen in prior years and holds out the possibility that california may actually see surpluses within a few years thanks to spending cuts and tax hikes. those folks have their fingered crossed. >>> hamas rockets killed three in israel as they threaten a wider offensive. martin fletcher is in tel aviv and has more. >> reporter: israel and the palestinians in gaza are on the major edge of a confrontation, neither side really wants but seems to be what happens. israeli rocket attacks against gaza targeting the militant leaders of hamas are continuing and continuing to attack rocket stockpiles from gaza. israel's goal is to prevent hamas from attacking israeli citizens with rockets. there have been 850 akz ta, 100 in the last week alone. that's what israel wants to stop. at the same time hamas has been retilliating today at least 130 rockets fired from gaza i
is down nearly 19% so far this year, so we can crack that up to be decent news and upbeat news from california, it will have a $1.9 billion budget gap during its next fiscal year, that's far smaller, here is the good part, far smaller than it's seen in prior years and holds out the possibility that california may actually see surpluses within a few years thanks to spending cuts and tax hikes. those folks have their fingered crossed. >>> hamas rockets killed three in israel as they...
184
184
Nov 28, 2012
11/12
by
CNBC
tv
eye 184
favorite 0
quote 0
california does account for 11% of all new u.s. auto sales. i wonder if there will be any driverless cars at this one next. i hope not. in any case, that's it for today's show. thank you for tuning in. i'm kelly evans. up next is u.s. "squawk box." don't go anywhere. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. >>> good morning, today's top stories, ceos heading to the white house to make their fiscal cliff pitch to the president. in global market news, the obama administration declines to name china a currency manipulator. and on the economic front, a report on new home sales topping today's agenda. it's wednesday, november 28th, 2012. "squawk box" begins right now. ♪ here comes santa claus here comes santa claus right down santa claus lane all his reindeers pulling on the reins ♪ >>
california does account for 11% of all new u.s. auto sales. i wonder if there will be any driverless cars at this one next. i hope not. in any case, that's it for today's show. thank you for tuning in. i'm kelly evans. up next is u.s. "squawk box." don't go anywhere. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is...
187
187
Nov 19, 2012
11/12
by
CNBC
tv
eye 187
favorite 0
quote 0
for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. >>> israel is ready for a ground invasion but the country prefers a diplomatic solution. oil is moving higher this morning. joining us live from gaza now is ayman. >> good afternoon. the sun is setting and they have been for every night over the past six 9nights palestinians brace themselves for a violent night. it's during the coming hours that there's an intensification of israeli targets throughout the gaza strip. yesterday on sunday there was an incident that many describe here as a massacre. one that targeted the home of a senior member of hamas' military according to the israelis but inside that residential house were fam
for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. >>> israel is ready for a ground...
113
113
Nov 2, 2012
11/12
by
CNBC
tv
eye 113
favorite 0
quote 0
conference call this morning where from another 32 of our offices stretching as far west as fresno, california, will be sending in another 400 people later today. we would anticipate probably having upwards of 3,000 people on the ground within the next four to five days. >> you've been doing this for a while. you were with the company since '84. i can't imagine the number of disasters you have helped coordinate the recovery for. seeing anything like this in your time? the confluence of population density, power, the snow? i mean we're talking a very large part of the country. >> this is a very extraordinary situation. the density that we're facing and the enormity of this storm and the geographic area it's covered, new jersey, new york, upward through canada. our canadian offices are also mobilized and working on losses. this is something out of the worried. we are encouraged though that every hour of every day we are seeing small signs of progress. and as has been report you see great acts of heroism being performed by people each and every step of the way. we've seen not only belfor people p
conference call this morning where from another 32 of our offices stretching as far west as fresno, california, will be sending in another 400 people later today. we would anticipate probably having upwards of 3,000 people on the ground within the next four to five days. >> you've been doing this for a while. you were with the company since '84. i can't imagine the number of disasters you have helped coordinate the recovery for. seeing anything like this in your time? the confluence of...
158
158
Nov 15, 2012
11/12
by
CNBC
tv
eye 158
favorite 0
quote 0
. >>> founder reed hoffman interviewing steve vollmer at the churchill club in santa clara, california, last night since the resignation of windows guru. when asked about it he said sinofsky made one of the most amazing contributions anyone's made to any company. when discussing sales. surface tablet, vollmer said many people are having their
. >>> founder reed hoffman interviewing steve vollmer at the churchill club in santa clara, california, last night since the resignation of windows guru. when asked about it he said sinofsky made one of the most amazing contributions anyone's made to any company. when discussing sales. surface tablet, vollmer said many people are having their
153
153
Nov 29, 2012
11/12
by
CNBC
tv
eye 153
favorite 0
quote 0
and it has a good positioning in california where he says macroeconomic is improving a little bit better than in new york when it comes to the tourist spend. that's very important for luxury. and unfortunately, we're just not seeing it like we were in those new york luxury department stores. with that being said, remember luxury doesn't do door busters really. it's quite the opposite. they go for the price premiums. quality very important to many consumers. in fact 75% of luxury consumers say it is the number one most important thing. but i think what happens out of washington will very much determine how the holiday season shapes up for the luxury retailers. >> that's for sure. courtney reagan braving the cold there for us. really appreciate it. want to bring and you couple news flashes. welcome back our uk viewers who have been listening to mervyn king. keep an eye on crude before we go, up over 1% as the ieae chief is calling for urgency in iran talks. and we'll leave you for the day. here is u.s. "squawk box." we'll see you back here tomorrow. can i help you? i heard you guys can shi
and it has a good positioning in california where he says macroeconomic is improving a little bit better than in new york when it comes to the tourist spend. that's very important for luxury. and unfortunately, we're just not seeing it like we were in those new york luxury department stores. with that being said, remember luxury doesn't do door busters really. it's quite the opposite. they go for the price premiums. quality very important to many consumers. in fact 75% of luxury consumers say...
156
156
Nov 1, 2012
11/12
by
CNBC
tv
eye 156
favorite 0
quote 0
people have no electricity, running water, the source of what it is here and if you're watching us in california, the midwest, you probably don't get it. i think when you think about it, this may in fact if he goes ahead with this, be the biggest disaster of his entire 12 years. >> you're talking about draining the city of resources that could be used elsewhere. explain the soul train screen behind you at your desk. >> that was the passing of don cornielias, somebody helped me put that up there and it's still up there. >> a nice tribute to an amazing man. that means we're going to watch you dance in the future. let's get a quick flash from bertha coombs. >> conway, the truck leasing company says it's too early to tell, but pre sandy on monday and tuesday, their volumes were down significantly and that is going to have an impact. 9 to 10% compared to same days in october last year. they're not sure how much they might see a pick-up following sandy as we see things start to pick-up and extra supplies start to come in. a lot of companies trying to sort that out. >> yes, gm saying they're still tryi
people have no electricity, running water, the source of what it is here and if you're watching us in california, the midwest, you probably don't get it. i think when you think about it, this may in fact if he goes ahead with this, be the biggest disaster of his entire 12 years. >> you're talking about draining the city of resources that could be used elsewhere. explain the soul train screen behind you at your desk. >> that was the passing of don cornielias, somebody helped me put...
172
172
Nov 9, 2012
11/12
by
CNBC
tv
eye 172
favorite 0
quote 0
>> who is the woman from california? who was in the clinton administration? >> cheryl sandberg. >> no, somebody else whose name i'm drawing a blank. >> god help us. laura tyson? >> yes. >> she's a chicken producer. >> no, she's a professor. >> oh, she's the boxer. there's the boxer. >> 2014-2016, i want to ask but one job -- >> i like what joe said earlier that at the end of the day the only legacy that matters any more for obama is the economy. he's going to have his legacy in obama care for better or worse. going to have his legacy in dodd-frank. the only one that matters anymore is economics. >> you can't -- there's 100 republicans. you can't single the one out that you hate. >> it was very interesting in the exit polls. i just going to to get to this quickly that the electorate sort of blamed bush for the economic crisis. that's not going to be true any more. it's not even true from today. you could make that argument he was given a bad hand. >> i went as far to say that the whole reinhardt rogoff narrative, if we go four years above 8% and crappy gdp the
>> who is the woman from california? who was in the clinton administration? >> cheryl sandberg. >> no, somebody else whose name i'm drawing a blank. >> god help us. laura tyson? >> yes. >> she's a chicken producer. >> no, she's a professor. >> oh, she's the boxer. there's the boxer. >> 2014-2016, i want to ask but one job -- >> i like what joe said earlier that at the end of the day the only legacy that matters any more for obama is...
164
164
Nov 16, 2012
11/12
by
CNBC
tv
eye 164
favorite 0
quote 0
. >> 250 over 5 years, 50 a year, california alone -- >> you're a jet setter. >> he is. >> no, no, no, no. not at all. >> just joking. >> one day maybe we can all aspire. >> we can share. >> how's that? >> never a private jet. >> there you go. if i can share, you're welcome. >> thank you. >> thank you, david, in advance. turning to the downside, let's head it down to the nation's capital. >> i want to ride on david's jet. that's all i care about, guys. see you later. as congressional leaders and the president convene to discuss solving the fiscal cliff, we're at the white house to bring you the news first. both sides far apart. will they rise above partis partisansh partisanship? >> committed to solving our fiscal challenges. but i refuse to accept any approach that isn't balanced. >> and that's why we say to this president, we want to work with you on solutions. >> this is an opportunity time for us and for the american people. to demonstrate to all americans that we are here to get the job done. >> so many challenges that are ahead of us, the american people need to see us act coura
. >> 250 over 5 years, 50 a year, california alone -- >> you're a jet setter. >> he is. >> no, no, no, no. not at all. >> just joking. >> one day maybe we can all aspire. >> we can share. >> how's that? >> never a private jet. >> there you go. if i can share, you're welcome. >> thank you. >> thank you, david, in advance. turning to the downside, let's head it down to the nation's capital. >> i want to ride on david's...
235
235
Nov 27, 2012
11/12
by
CNBC
tv
eye 235
favorite 0
quote 0
. >>> bankruptcy beard dino, california has devoted to halt payments in an effort to try to balance its budget. the city will present the plan to a bankruptcy judge on friday. sa they need to close a nearly $46 billion budget deficit. new york and new jersey need at least $71.3 billion to recover from the devastation of super storm sandy and prevent similar damage from future storms. this is according to the state's latest estimates. that total of course could grow. steve liesman has been crunching the newspaperup i numbers and hn the next hour. this is to try to build up some sort of protection, some massive floodwalls. governor cuomo was saying this would be like $9.1 billion to start building. >> questions about the future of the sec following mary shapiro's exit. elyse walter could run the agent until december 2013 when she would have to be renominated and reapproved by the senate. among the issues, and ongoing battle over regulating the $2.5 trillion money market fund industry, some 63 unfinished rule making requirements that are all part of dodd-frank and continuing fears of cours
. >>> bankruptcy beard dino, california has devoted to halt payments in an effort to try to balance its budget. the city will present the plan to a bankruptcy judge on friday. sa they need to close a nearly $46 billion budget deficit. new york and new jersey need at least $71.3 billion to recover from the devastation of super storm sandy and prevent similar damage from future storms. this is according to the state's latest estimates. that total of course could grow. steve liesman has...
291
291
Nov 13, 2012
11/12
by
CNBC
tv
eye 291
favorite 0
quote 1
storm that impacts an entire coast unless you're going to set up offices in chicago, first of all, or california, and i don't know who are the people who are going to staff and man those offices to actually trade on behalf of somebody, it's not clear to me how this works. it may very well be that when you have a massive superstorm the size of sandy that knocks out an entire coast or region that it's almost impossible to have true contingency planning. >> two things. good point. first of all, you do need to have some senior people who aren't necessarily located in the proximity of devastation. yes, you do need some senior people but in this circumstance, this is one of the things we learned, andrew, is that since they weren't sure the large traders weren't sure about whether or not they could enter the orders into the new york stock exchange, they actually sent people to archipelago to try to work on the computers, in the middle of this storm, so just a really sort of a cluster and hopefully we can do better in the future. >> what happened to your own next -- isn't this a transatlantic company th
storm that impacts an entire coast unless you're going to set up offices in chicago, first of all, or california, and i don't know who are the people who are going to staff and man those offices to actually trade on behalf of somebody, it's not clear to me how this works. it may very well be that when you have a massive superstorm the size of sandy that knocks out an entire coast or region that it's almost impossible to have true contingency planning. >> two things. good point. first of...